Oxinas Partners Wealth Management LLC Sells 1,083 Shares of Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

Oxinas Partners Wealth Management LLC cut its stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) by 16.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,417 shares of the company’s stock after selling 1,083 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in Schwab US Dividend Equity ETF were worth $437,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in SCHD. Sumitomo Life Insurance Co. purchased a new stake in shares of Schwab US Dividend Equity ETF during the 4th quarter valued at $228,390,000. Focus Financial Network Inc. ADV acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $95,831,000. International Assets Investment Management LLC acquired a new stake in Schwab US Dividend Equity ETF in the fourth quarter worth about $89,561,000. DDD Partners LLC grew its stake in shares of Schwab US Dividend Equity ETF by 12,161.9% during the fourth quarter. DDD Partners LLC now owns 488,148 shares of the company’s stock worth $37,163,000 after acquiring an additional 484,167 shares during the last quarter. Finally, Burkett Financial Services LLC acquired a new position in shares of Schwab US Dividend Equity ETF during the fourth quarter valued at about $36,856,000.

Schwab US Dividend Equity ETF Stock Performance

SCHD stock traded up $0.04 during trading on Tuesday, reaching $77.45. The company had a trading volume of 2,702,012 shares, compared to its average volume of 3,318,110. Schwab US Dividend Equity ETF has a twelve month low of $66.67 and a twelve month high of $80.82. The company has a market cap of $54.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.74. The firm has a 50-day simple moving average of $78.12 and a 200-day simple moving average of $77.65.

About Schwab US Dividend Equity ETF

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.